Looky here we have another bear flag forming on TSLA. I will start dollar cost averaging at 150 next level down is 124 Might get as low as 104.
TRUMP TRAIN TO 90 MACD Curl Bullish FLAG We will have a MAJOR squeeze due to emotional liberal shorts
AMEX:SPY March 29, 2024 15Minutes. Again AMEX:SPY did not retrace to expected levels. Considering the rise from 518.4 to 524.61 and 519.84 to 524.61 we find 522.5 to be an important level being approximately 38.2% retracement levels for the rise. Since 200 is sloping upwards 521 should be strong support on any retracement as of now. And in the process ...
Anything near the $3000 mark is getting a beat down. We currently have a pennant pattern in the making. However recent price action suggests this stock has been manipulated go higher then selling off nearing that $3000 mark price. This suggests institutions are looking for liquidity to exit . Overbought on the weekly time-frame and daily. I expect a...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Elliott believed that every action is followed by a reaction. Thus, for every impulsive move, there will be a corrective one. The first five waves form the impulsive move, moving in the direction of the main trend. The subsequent three waves provide the corrective waves.
Palantir reached higher high but now a down move is coming heading to the bottom of green channel First target will be around 22$ where a bounce can happen
Analyzing the options chain and the chart patterns of HUT Hut 8 Corp prior to the earnings report this week, I would consider purchasing the 8usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $3.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Hello Traders, welcome to today's analysis of Apple. -------- Explanation of my video analysis: In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now...
SMCI made money for many. I think fair to say people are cashing out. We have a broken trend line and a right shoulder rejecting perfectly at a fib level. I don’t know if we break the neckline with buyers below. However, I do believe we small sell off as people look to cash in on their gains. Followed by a nice bounce with people who are dying to get in. I’m...
The Nvidia stock has shown a remarkable trajectory in recent trading days. Purchased at 899, it has since risen to 904. This upward trend appears to be continuing, and this can be clearly observed through a specific pattern, as seen in the attached image. The pattern at play here is a classic example of an upward trend in technical analysis. It manifests through...
think we hit the bottom for nio here. that should conclude wave2 (ABC) for wave 3 i aim for 110$ and wave 5 could be 130$ or higher , waiting for wave 3 to finalize first
hi traders Let´s take a look at NVDA on 1h time frame. Currently the price is in the middle of the rane. If we get a pullback and the price retests the support, it could be a great entry for a long position. From there we´re expecting continuation of an uptrend. Our target is at 967 $. Stop loss below the support. Good luck
No other miner has these good vibes when BTC is rallying back to the highs from the recent dip. Watch out for the rally if BTC continues tmrw. High IV name , my preference would be commons , not options. Long between 16-17 Stop loss - 15 Target #1 - 20 Target #2 - 24 Target #3 - 28
NVIDIA (NVDA): NASDAQ:NVDA In our last analysis of NVIDIA, we presented an alternative scenario. However, given NVIDIA's relentless momentum, we find ourselves needing to adjust this scenario once more. We are now inclined to believe that we are still within a subordinate Wave 3 of the overarching Wave (3), anticipating that the price must reach at least the...
Have you shorted yet? Did you sell before the flag breakdown? As I have been discussed in my previous chart, there are bearish flags setting up. 1st target is around $3. Remember length of the flag pole = Measured downside. Continue to sell on strength with more downside profit
W Formation seems to be forming on Natural Gas - But a couple of gaps need to close first. Right now it's far too premature to do anything as a breakout trader. It's like putting an egg to boil and eating it 2 minutes into boiling. We need to wait for the breakout We also need to wait for the price to cross at least the 20MA. Only then we could see a...
The big overview for AMD in Pure Wyckoffian POV : It looks like current price action, based on wyckoff map ( Atypical Re-Accumulation ), Impending /Undergoing BUEC I just follow the map, if this is true BUEC (Phase D) , then next will be Mark Up (Phase E) Respect risk. Position initiated as attached Absolute Pure Wyckoff